This page reflects SSRM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — SSRM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $30.00 (0.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$3.12
±10.2%
Days to Expiry
15
Calendar days
Total Call OI
4,488
Nearest expiry
Total Put OI
2,805
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$30.62
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$29.00
5/15/2026, 11:36:12 PM
2026-06-18
$28.00
6/18/2026, 11:29:16 PM
2026-07-17NextUpdated
$30.00
7/3/2026, 11:27:43 PM
2026-08-21
$28.00
7/3/2026, 11:27:43 PM
2026-09-18
$27.00
7/3/2026, 11:27:43 PM
2026-12-18
$28.00
7/3/2026, 11:27:43 PM
2027-01-15
$20.00
7/3/2026, 11:27:43 PM
Selected expiration: 2026-07-17 at max pain $30.00.
SSRM pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
2060300
2060300
21
0
1782900
1782900
22
0
1507500
1507500
23
1400
1238300
1239700
24
2800
972400
975200
25
5300
756900
762200
26
10200
561900
572100
27
21800
380100
401900
28
45500
253900
299400
29
77200
161300
238500
30
119900
80300
200200
31
227900
49600
277500
32
449200
27000
476200
33
692300
16500
708800
34
982800
9700
992500
35
1315800
6400
1322200
36
1699000
3500
1702500
37
2095300
900
2096200
38
2499300
400
2499700
39
2911600
300
2911900
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.